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Saudi 2013 budget sees revenues over $220 billion

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RIYADH, Saudi Arabia (AP) — Saudi Arabia's official news agency says King Abdullah's cabinet has approved the kingdom's largest ever annual budget, projecting revenues of 829 billion rials, or $221 billion, for 2013 and 820 billion rials, or $219 billion of expenditure. The budget foresees a $2.4 billion surplus. The Cabinet meeting Saturday reported that revenues in 2012 amounted to $330...

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